Curve founder looks to unexpected counterparties to rescue sinking DeFi loans
Michael Egorov is attempting to pay off his mountain of DeFi debts by selling CRV…
Month: August 2023
Saylor’s MicroStrategy plans $750M stock sale, possibly buying more Bitcoin
MicroStrategy, one of the largest corporate holders of Bitcoin, said proceeds of the sale could…
Bitcoin loses $29K as traders flag key BTC price levels to watch next
Bitcoin traders are particularly interested in the short-term holder cost basis as a potential BTC…
SBF denies witness tampering in effort to avoid jail
Lawyers for Sam Bankman-Fried claim that his alleged sharing of Caroline Ellison’s diary with the…
FTX creditors unimpressed with exchange’s bankruptcy exit plan
FTX’s official creditor committee said the current plan would add costs and delays to what’s…
MicroStrategy returns to profit and now owns $4.4B worth of Bitcoin
Michael Saylor-founded MicroStrategy disclosed it now holds 152,800 Bitcoin as of July 30, and is…
AI mentions skyrocket in major tech companies’ Q2 calls
As major tech companies race to develop and deploy high-level AI systems, mentions of the…
FTX releases restructuring plan, hints at rebooted offshore exchange
Reams of dockets from FTX have been filed alongside a proposed reorganization plan that could…
GameStop will stop support for its crypto wallets, citing ‘regulatory uncertainty’
The retail company used to be known primarily for its brick-and-mortar retail stores but has…
3AC co-founder rejects jurisdiction of bankruptcy court, claiming he renounced US citizenship
As Singapore does not allow dual nationality, 3AC co-founder Kyle Davies said he chose to…
Bankruptcy judge signs off on order allowing Terraform Labs to subpoena FTX entities
Terraform Labs claimed that the failures of its algorithmic stablecoin and governance token were the…
16 tips for managing the business development side of scaling
To successfully scale, crypto and blockchain companies need to know as much about business development…
Voyager customers targeted by scammers during 30-day withdrawal period: Report
Phony websites offered customers a premium for claiming through them. In reality, they drained customers’…
European digital asset manager CoinShares’ revenue up 33% in Q2
Proprietary trading activities contributed heavily to the revenue increase. CoinShares, a manager of Bitcoin (BTC),…
Toyota GR Cup will award digital trophies on Polygon blockchain to race winners
Toyota continues its ongoing exploration into integrating blockchain technology within its corporate and developmental ecosystems….